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Revox Podcast

72 Episodes

15 minutes | Apr 6, 2020
#73 How to SKYROCKET Amazon Sales OFF Amazon
A customer on average needs to see your content 7 times before they feel comfortable enough to purchase something from you.By looking at cheaper ad platforms, you can bring your total CPA down. It doesn’t make sense to advertise on Amazon for “Brand Awareness” unless it’s cheaper than advertising on other platforms.There are ways to advertise that are way more affordable than Amazon (or Facebook or Google for that matter).Don’t get too caught up in the metrics and attributions. This is top- to mid-level advertising, so you probably won’t be able to track direct sales. Instead, look at CPC and CPM costs to know if you’re doing well.All of my clients who have focused on this kind of advertising have seen a lift in sales across all sales channels.
18 minutes | Mar 30, 2020
#72 Updates for COVID-19 and Gaming the System
April 5th isn’t a hard date on when other categories can ship in products. Coronavirus is unpredictable, so nailing down times for anything is going to be finicky.No new coupons or deals until April 5th (hopefully). Probably to slow things down as Amazon tries to cope with the possibility of a lot of their employees getting sick.Have an extra condition on all of your listings in case you run out of FBA inventory. This will allow you to keep your listing open (and ranking) by selling FBM inventory. Make no mistake. This will not slow Amazon down. Amazon, like a lot of business, will not only rebound, but will do better than ever after this. Amazon is still doing rather well, all things considered, and when everyone goes back to work, they won’t go back to shopping in brick and mortars. Amazon and online shopping in general will continue to grow. That being said. You can use this downtime to your advantage. If you have room, I would recommend spending even more in ads than you ever had before. Most companies are pulling back on everything. If you can go all in, when the economy rebounds, you’ll be leaps and bounds ahead of the competition. While we’re on the subject of gaming the system. Amazon’s attention is on pretty important things right now. And while I’m not one to advocate breaking rules…you may be able to break some here. Things in your titles, descriptions, photos, that would help give you a leg up might be worth a shot. Usually you’re not allowed to put competitor names in your descriptions. But if you can use it as a keyword…it might just help you. Adding graphics to your main photo might improve your conversion rate. Again, Amazon might catch you—but if they don’t…well…
10 minutes | Mar 23, 2020
#71 Amazon and COVID-19
15 minutes | Mar 16, 2020
#70 Why Launching a Product is So Hard?
Amazon is a marketplace with a lot of awesome opportunity. Some of the reasons you can be so successful on the platform have to do with a lot of user-testing Amazon has done. They’ve nailed what makes a page convert. No websites on the planet—no marketplaces—convert as well as Amazon does. Their customer experience is awesome. Not just how everything looks, but the buying and even returning process are awesome. And customer support is great for customers. This sets you up for running a really awesome business that’s almost done for you.The downside is that there are tons of other people on the platform with you. In the week you launch your product, there are thousands of other products also being launched. This means just on the basis of competition alone, you have a lot to deal with on day one! Coupons, promotions, giveaways, and external traffic are often the most stable route for launching a product on Amazon. It’s true you can run a successful Amazon project without much funding. But to do it really successfully, Amazon follows the model of the J-Curve, meaning you put a lot in before you start getting a lot out.
10 minutes | Mar 9, 2020
#69 Amazon Puts Automation Companies Out of Business
I just received an email from an email automation company about changing what they do. Instead of sending out emails for you, they now automate Amazon’s new “request a review” button.Amazon’s been trying for quite some time to edge out communication between sellers and buyers and they recently got rid of a lot of sellers’ ability to send emails to customers. Now, when you want a review, you need to go into orders and click a button for each order you want to request a review from.These email services are morphing into button pressing automation. Amazon will continue to restrict buyer/seller contact, and will probably eventually edge out that ability as well.
15 minutes | Mar 9, 2020
#68 Mini Fulfillment Centers
Coronavirus has officially hit Amazon. Two employees in Italy and one in Seattle. There was a joke online that said now that Amazon has contracted COVID-19, the rest of us can expect it for free within two days—at least those of us with a prime membership. Amazon’s building Mini Fulfillment Centers. In an article by Supply Chain Dive, Amazon’s reported to be building smaller ship houses to get customers product in one day or less. The delivery windows are somewhere in the ball park 5-10 hours. This is now available fore up to 300 million products. There are pros and cons to this for sellers (higher sales, higher expenses). Amazon is decreasing Multi-Channel Fulfillment fees to push people to use them as a fulfillment option. It’s a little more flexible than selling on Amazon directly (for example, you can have customers ship returns back to you instead of them), and Amazon’s always trying to do more to get into other markets. Looks like they’re taking on Shipstation now. A list of the new fees can be found here.
15 minutes | Mar 2, 2020
#67 4 Tips for Working With An Amazon Agency
Get consistent, SIMPLE reporting on key metrics. The key word here is SIMPLE. Agents have limited time for each account and you don’t want them spending all of their time compiling data. You want them doing things to help your account. Give them objectives, not tasks. If you hired a good agency, you’re not working with less skilled people for a smaller price tag, you’re working with highly skilled people for less time. In other words, it’s most effective if you give them problems you can’t solve, then let them figure it out. It’s expensive and inefficient to try and just delegate data entry and carry-out tasks. Ask lots of questions. The goal of the agency is not to grow your account—it’s to grow your account with the least amount of effort. For this reason, a lot of agencies will work really hard in the first few months, at which point they can automate many of their tasks. But to automate and to innovate are not the same. They’re polar opposites, actually. Don’t expect them to do everything. Have a very clear scope, and temper that scope with reality. Most people hire an agency because it’s cheaper than hiring a full-time employee. If that’s the case, don’t expect them to do logistics, customer support, ads management, copywriting, and creative work. At least, don’t expect them to do it well. Even a well equip team will struggle to do all those aspects well.
9 minutes | Feb 24, 2020
#66 Do I Need a Unique Product on Amazon to Succeed?
You can probably guess that the answer is no. If you’ve ever searched for “Yoga Matt,” you’ll know that there’s plenty of space for product duplicates. The question is, are there advantages  to having a unique product? And that leads to another question: are you building a brand or selling products? If all you’re doing is selling products, I would say you SHOULDN’T have a unique product. If you are building a brand however, you SHOULD have at least a couple of products that are unique to you—or at least differentiate your brand. Both approaches can be successful. Just know that the main difference is that you have greater sales volumes potential if you sell a trending product, but it’s hard to rank; and conversely, it’s easy to rank for a niche product, but it might not have a developed customer base yet.
9 minutes | Feb 17, 2020
#65 In the news
This week's headlines can be found at: https://www.sellerlabs.com/blog/icymi-amazon-seller-news-feb14/
11 minutes | Feb 14, 2020
#64 - What is Brand Registry and Do I Need it?
Brand Registry is a program that Amazon offers that gives certain privileges and programs to trademark owners.Benefits of Brand Registry are greater control over your listings, A+ content, listing videos, product display ads, and beta programs.Brand Registry is simple enough to sign up for. All you need is a trademark, a seller account, and a brand of products.You for sure want Brand Registry if you plan on keeping control over your Amazon listings. Listing hijackers are everywhere and you want to be able to get rid of them easily. Brand Registry helps you do that.The benefits of Brand Registry also help your listing convert better.Link to the application: https://brandservices.amazon.com/
11 minutes | Feb 12, 2020
#63 Should you put a video on your listing?
The short answer is YES! Absolutely put a video on your Amazon listing. But a couple of things to consider:It doesn't need to be fancy or professional. Sometimes simple iPhone videos perform best anyway. So don't overthink it, and don't overspend!People WILL watch your video, so give them something useful. Tell them how to use the product and the benefits they'll get from using it.Keep it short. Amazon's always changing the length of the video you can upload, but try and keep it under two minutes. Really good videos probably don't need to be more than 30 seconds.Don't link to ANYTHING outside of Amazon. It won't post because Amazon doesn't like poachers.
11 minutes | Feb 10, 2020
#61 - Four Things to Keep Amazon Ads Profitable
Ads are getting more competitive, which means more expensive. It’s important to make sure that you have a good advertising strategy to keep your advertising campaigns profitable and low cost. Use mid-tail keywords. At first, these don’t look super appealing because there’s not an apparent winner as far as sales volume goes. But if you can find several mid-tail keywords, it’s just as good as finding short-tails, and it’ll be cheaper.Target products, not keywords. Because it’s a specific product, and not a search term for several products, you can get clicks for a fraction of the cost.Bid higher on low-ACoS keywords. It sounds counter intuitive, but it’s way more profitable to bring a keyword with a 10% ACoS to a 20% ACoS than it is to bring a 40% ACoS to a 30% ACoS.Organize your campaigns well. So much money is lost in translation because data is hard to access due to poor organization. Link to Youtube Video: https://www.youtube.com/watch?v=8s8QncDFx0s
13 minutes | Feb 1, 2020
Episode #60 Should Amazon Be Liable for Bad Products?
LINKS: https://www.jdsupra.com/legalnews/how-amazon-s-liability-for-third-party-30990/ https://www.sfweekly.com/sponsored/amazon-accountability-needed/
12 minutes | Jan 27, 2020
Episode #59 Is Amazon Getting Rid of Reviews?
Amazon is instituting the ability to leave ratings without reviews. This probably dilutes the efficacy that written reviews have in the algorithm. This is good, in my opinion because it gives smaller businesses a chance to compete with bigger brandsTax forms are out for the year. If you made more than $20k in revenue, Amazon will send you a 1099-K form. These are now available for tax purposes.
23 minutes | Jan 20, 2020
Episode #58 FedEx Returns, Counterfeits, and an Algorithm Update
-FedEx returns after a one-month exile from Amazon. Now third-party sellers can again choose the carrier to ship their packages. My opinion on this is that it’s temporary. Amazon is only interested in monopolies, and sooner or later FBA will be the only fulfillment channel on Amazon. Every month they get more efficient, and with a bigger network of fulfillment centers. No one will process orders better than they will. Let’s face it, Seller-Fulfilled-Prime wasn’t really that great anyway (super expensive), and Amazon wants to do away with it. -I personally don’t think counterfeits are as big of a deal as people are making them out to be, and I think people should really stop complaining about it. The only way Amazon’s going to be able to get rid of sellers is by making it harder to prove a product is real. Honestly this makes life a nightmare for sellers, so I would rather play the long game and wait for bad seller to show their colors and get suppressed by Amazon than truncate my ability to launch and iterate on products. -Sellics updated their article on Amazon’s A9 (why it’s title May 2019? I have no idea). Basically, Amazon now says that the 250 characters in backend keywords does not include spaces or punctuation. In other words, the 250 characters (formerly 249 bytes) now only entails actual letters. Sellics advises that you still keep your most important keywords at the front of your 250 character list. My take is that if you believe the algorithm works at all, you probably don’t even need the 250 characters 
15 minutes | Jan 13, 2020
Episode #57 In the News - Cracking down on seller messages
Before we get into the news I’d like to announce that I’m going to focus the Revox podcast going forward on Amazon specifically. Amazon is the area i have the most expertise and it’s where I feel like I can provide the most value. Although there are plenty of other marketing things I do and understand, Amazon is a place where I know I can consistently perform well, and that’s where I want to help out the most.There actually wasn’t much by way of news for Amazon this week. Like other businesses, I imagine Amazon spends most of Q1 planning goals for the year and how they will execute them. Speaking of planning, the new fee structures are about the hit next month, so make sure you have your prices and logistics set for that. Most people will see a small increase in fees overall, but many products will actually see a decrease in fees.Let’s get into the meat of today’s podcast. Amazon has recently started to really crack down on buyer-seller messaging. This has been a hot topic for quite some time, but now Amazon is really bringing down the hammer. The buyer-seller messages policies have pretty much always been in a state of flux. Usually, the policies have become stricter over the years. Recently Amazon has started cracking down on sellers and revoking their privileges entirely for no apparent reason. They’ll send out an email saying that the seller violated a policy, but one say which one directly. I think this all headed towards removing any sort of request from the platform at all. You’re already no longer allowed to send external links, promotional content, discounts on future products, or anything like that. Very VERY soon, the only think you’ll be able to contact your customer about is whether or not they got their package, which, if you’re doing FBA, isn’t even your job.
15 minutes | Jan 10, 2020
Episode #56 How to Spot a Fake Guru
There is a lot of really awesome information on the internet. Some of it’s free, some of it’s paid. But there’s a lot.How can you tell whether an internet marketing guru is legit or fake?They talk about others’ success with their course or product instead of their own (they don’t eat their own dog food).They act like they have a secret. They don’t most.They try and sell a dream instead of information and facts. In other words, they say “imagine what this product could do for you,” instead of “this product solves x problem.” Be wary of the fake gurus. There are some real guys out there, like Chris Conrady.
9 minutes | Jan 8, 2020
Episode #55 Crafting the PERFECT Title
80% of people will see and read your title, only 20% will click through and read your copy. This is kind of a bogus statistic, but it highlights a principle that is very important. And that is that your title has a huge amount of weight in your sales copy. If your title is really good, that click-through-rate will go up, and so will how much people watch, read, or listen to your content.But here’s the question: do you optimize your title for SEO or conversion? In other words, should your title be focused more on keywords or click-thru?In many ways, it depends on your platform, but I would err on the side of conversion. Most search engines are smart enough that they know how to find your product, even if your info isn’t super optimized for search. In the example of Youtube , rely very much on conversion. On Amazon, though, maybe more on search.
8 minutes | Jan 6, 2020
Episode #54 In the News
Instagram released a bunch of new features for business owners (super useful for small business owners too).   Alex Toobey wrote an article with all of them in there. You can check that out here: https://alextooby.com/new-instagram-update/
13 minutes | Jan 3, 2020
Episode #53 What Is the Best Wordpress Theme?
How good a theme is comes down to mainly two things: functionality and speed. Some themes have one or the other, others have both, but most have neither.Odds are, if you know what you want your theme to look like, you won’t be able to get it with a free theme. Even most premium or paid themes don’t offer a bunch versatility, which means you’re going to end up with some frustrations. Not only can it be hard to make the theme look the way you want, but it can also be super difficult to get it to work with certain plugins. So functionality is huge. You want a theme that’s super versatile.The next is speed. A lot of themes are just loaded up with a bunch of garbage that no one wants to use. If there is a feature that it has that you don’t want, odds are that theme is going to slow down your website. Some themes that allow you to customize things use what’s called short-code, which basically means instead of changing the actual functionality of the theme, it has a code that performs an overwrite. This will slow down your website a HUGE amount. Avoid shortcake if at all possible.So which theme is right for you? Now the question is what do you want to use it for? If all you care about is getting your content out there and you’re just blogging, there are two options I recommend. 1. Clean Bloggist. This is free and you can search it in the Wordpress Platform. It’s super simple, wicked fast, and it is the best theme I know if all you want to do is create content. 2. My second recommendation is Acabado. This is basically a glorified version of clean bloggist. It’s geared towards making a blog monetizable. This theme is premium and is $50/year or $99/century (weird, I know).If you need something that is more customizable, I would recommend getting a bare bones theme (premium) and adding a visual builder plugin. I use GeneratePress premium for my theme and BeaverBuilder Standard as my plugin. Both of these are annual renewal premium products. But they’re worth it. They make things fast and easy to edit.So there’s a lot out there. But make it easy on yourself and don’t spend hours and hours looking for the perfect theme only to realize it’s not all it’s cut out to be. I spent hundreds of dollars on themes and plugins before realizing I can do just about anything I want if I get GeneratePress and BeaverBuilder. You probably won’t ever need another theme again.
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